Uplift can help West Virginia residents stay on their feet during injury litigation

Lawsuit Loans in West Virginia

Uplift Legal Funding provides non-recourse lawsuit loans in West Virginia. West Virginia has a population of 1,844,128, making it the 7th largest state in the United States. It ranks 3rd for per-capita fatal injuries (D.C. included).

Legal funding is currently regulated on a state-by-state basis. Based on industry data, Uplift developed a scale to measure a state’s ‘legal funding ease’ quotient. On a scale of 0 to 10, West Virginia scores a 10.0, which signfies that it is very easy for injured plaintiffs to access legal funding in West Virginia. To learn more about injury statistics and legal funding in your state, read this brief guide to West Virginia lawsuit loans

Accident Injury in West Virginia

West Virginia’s yearly injury death rate of 94.1 per 100,000 places it 56.7% higher than the national average of 60.1.

West Virginia residents drive an estimated total of 20 billion miles yearly. That means the average West Virginia resident drives about of 10,751 miles per year. That figure is 11.6% higher than the U.S. national average of 9,630 miles per year.

Aside from miles driven, local seatbelt and drinking and driving habits play a large part in the auto accident death rate. West Virginia residents are about average when it comes to buckling up, reporting a 84.0% use rate.

The drinking rate in West Virginia, or the percent of people who report drinking too much before driving at least once in the prior month is 0.7%, which is 62.1% lower than the national average of 1.8%.

In part due to these factors, the car accident fatality rate in West Virginia is 14.5. This compares unfavorably to the US national average of 10.9, and costs the state $397 million yearly.

West Virginia Lawsuit Funding Cheat Sheet

According to Title 55, Ch. 2, Sec. 55-2-12; the statute of limitations for personal injury cases in West Virginia is 2 years. This means that you may lose the right to sue if you do not file your legal claim within that time-frame.

Different states follow have different comparative negligence statutes. In West Virginia, the guideline is modified comparative fault with a 51% threshold. Basically, this means that plaintiff can only recover for damages not caused by own negligence – W. Va. Code § 55-7-13. Often, for legal funding requests early-on in a case, companies providing lawsuit loans in West Virginia must assume state minimum policy limits of:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $25,000 property damage liability per accident
  • $25,000 uninsured motorist coverage per person
  • $50,000 uninsured motorist coverage per accident
  • $25,000 uninsured motorist property damage coverage

Regulation of Lawsuit Loans in West Virginia

Lawsuit loans in West Virginia remain largely unregulated and most legal funding companies provide funding in the state.

Despite lack of regulation, reputable companies follow basic best-practice disclosure guidelines for legal funding contracts. Lawsuit lenders nationwide should display rates, fees and repayment terms prominently.

Lawsuit Loans from Uplift Legal Funding

Uplift funds personal injury claims in most states. If you have any questions, or are interested in legal funding, apply online today or give us a call at (800) 385-3660.